Warren Buffett steps down as Berkshire chairman, son Howard succeeds

September 18, 2026 8:59 PM

Warren Buffett steps down as Berkshire chairman, son Howard succeeds

Berkshire Hathaway BRKa.N said on Friday that Warren Buffett will step down as chairman and become chairman emeritus, effective immediately, nine months after handing the CEO reins to longtime lieutenant Greg Abel. The company named his son, Howard Buffett, a director since 1993, as chairman. Warren Buffett is credited with transforming Berkshire from a failing textile company into a $1.1 trillion conglomerate while building an investment philosophy that influenced generati...

‘Oracle of Omaha’ Warren Buffett steps down as Berkshire Hathaway CEO after six decades

December 31, 2025 1:48 PM

‘Oracle of Omaha’ Warren Buffett steps down as Berkshire Hathaway CEO after six decades

Legendary investor Warren Buffett, widely known as the "Oracle of Omaha," will step down as Chief Executive Officer (CEO) of Berkshire Hathaway today, bringing to a close one of the most extraordinary leadership tenures in corporate history. Buffett, who turns 95 this year, has led the conglomerate for nearly six decades, transforming it from a struggling New England textile manufacturer into a diversified global powerhouse valued at over USD 1 trillion. Buffett took control of Berkshire H...